Mortgage rates falling
Thirty-year fixed-interest mortgage rates continued to slide this week, falling to 3.84 percent from 3.88 percent last week, Freddie Mac reported Thursday. The 15-year rate was 3.07 percent, down from 3.12 percent last week.
Thirty-year fixed-interest mortgage rates continued to slide this week, falling to 3.84 percent from 3.88 percent last week, Freddie Mac reported Thursday.
The 15-year rate was 3.07 percent, down from 3.12 percent last week.
"Signs of slowing economic growth and inflation remaining subdued allowed yields on Treasury bonds to ease somewhat and brought most mortgage rates to new all-time record lows this week," said Freddie Mac chief economist Frank Nothaft.
— Alan J. Heavens